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26 March 2019 The on-line newspaper devoted to the world of transports 13:04 GMT+1

June 25, 2018

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Jacques Saadé is died, founder of the French shipowning group CMA CGM

The company is constituted in 1978 with the creation of the Maritime Companies of Affrètement (CMA)

Jacques Saadé, founder of the French shipowning group CMA CGM, is died yesterday at the age of 81. Been born in 1937 in Lebanese, Saadé in the 1978 moved in France where on 13 September it founded the navigation company Maritime Companies of Affrètement (CMA) that it began to carry out, with a ship and four dependent, a marine service between Beirut, Lattakia, Marseilles and Livorno in order to expand successively the activity to other Mediterranean ports and being begun to operate also in the intermodal field. In 1983, for the first time, the company then widened own range towards the Middle East and Asia with the passage of an own ship through the Suez Canal arriving in 1994 to institute the service French Asia Line (FAL), still active, that it connects Europe with Asia Oriental.

In 1996 the step that will carry the company founded from Saadé to become a total carrier, when on 21 October French government decided to privatize the Maritime Companies Générale (CGM) selling it to CMA(on 23 October 1996). Three years after the group CMA CGM was put into effect the fusion of the two companies constituting that then it counted on a fleet of 69 portacontainer for a total cargo ability pairs to 120 thousand teu, that it made of the French group the twelfth world-wide carrier of the field of the contanerizzato marine transport(on 29 September 1999), fleet that today has a consistency of beyond 500 ships for an ability to 2,6 million teu that it places CMA CGM to the third party behind place in the world-wide ranking of the field of the Danish Maersk Line and Helvetian MSC.

In the 2015 French President of the Republic it conferred to Saadé the Legion of honor. In 2017 Jacques Saadé the guide of the shipowning group to the Rodolphe son passed who on 7 February became managing director of the group in order then to cover also the president charge by 24 November, with the father who was named founder chairman.

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